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Rosehip Extracts Market Size

  • Report ID: GMI5386
  • Published Date: Oct 2022
  • Report Format: PDF

Rosehip Extracts Market Size

Rosehip Extracts Market size exceeded USD 340 million in 2021, is poised to depict over 9% CAGR through 2022-2030. Rising acceptance of natural food and beverage flavoring agents will spur industry expansion.

 

Rosehip Extracts Market

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A key factor influencing the industry trends is the rising prevalence of degenerative joint diseases including osteoarthritis. Rosehip extracts are utilized as supplements in the nutraceutical and pharmaceutical industries for the prevention of joint damage and reduction of knee and joint disease symptoms.

 

Over the years, arthritis has been emerging as a serious health crisis, resulting in high personal and societal costs. Based on data from the CDC, over 54.4 million adults have some form of arthritis in the U.S. This number is expected to rise to 78 million by 2040. As a result, the demand for nutritional supplements including rosehip extract for arthritis prevention will rise globally.

 

Despite the favorable business environment, volatilities in raw material prices may act as a hindrance to the development of the rosehip extracts industry. The popularity of the compound, however, continues to increase, as it is consumed as herbal tea and is considered a rich source of antioxidants and Vitamins A, C, D, and E. Additionally, with the shifting preference toward natural flavors, the adoption of this extract will grow considerably across the food and beverage sector, which may help strengthen the market outlook.

 

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The global market size for rosehip extracts exceeded USD 340 million in 2021 and is poised to depict over 9.5% CAGR through 2022-2030, owing to the rising prevalence of osteoarthritis.

The rosehip extracts industry value from the oil product segment was over USD 150 million in 2021, given its extensive usage in the cosmetics and personal care industries due to its rich hydration traits.

The Europe rosehip extracts industry share is projected to exhibit over 9% CAGR through 2022-2030, as a result of the mounting number of personal care and cosmetics manufacturers.

Kosmea, Avi Naturals, Spectrum Chemical, DM Pharma, Xi'an Green Spring Technology Co., Ltd, HERBO NUTRA EXTRACT PRIVATE LIMITED, Leven Rose, and S.A. Herbal Bioactives LLP are key players in the rosehip extracts industry.

Rosehip Extracts Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 10
  • Tables & Figures: 304
  • Countries covered: 20
  • Pages: 263
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